Los Angeles, CA -- (SBWire) -- 10/05/2018 --This study researches the market size of Folding Furniture, presents the global Folding Furniture sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Folding Furniture in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Folding Furniture for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Folding furniture is usually a great option for small spaces. It takes very little space when not used and it becomes as functional and great as any other type of furniture. China constituted largest market share in terms of revenue in the overall foldable furniture market in 2016, followed by Europe. Growth in China and India is supplemented by rapid urbanization and need for efficient use of the available space.
The folding furniture market is segmented based on product type, application, and distribution channel. Among its key product types such as chairs, tables, sofas, beds, and other furniture, sofa is the most popular product type as it enhances the decor of the living room and accounts for around 35% of the total folding furniture revenue. The market for foldable beds would grow at the highest CAGR during the forecast period, owing to adoption of coliving trend in the US, and innovative bed designs such as murphy beds, wall beds which would fetch the demand in near future.
The folding furniture market is very fragmentation market; the revenue of top ten manufacturers accounts about 15% of the total revenue in 2016. The high-end products mainly come from USA and Europe. With increased focus on urbanization, the folding furniture market is likely to witness a strong growth in coming years. In 2018, the global Folding Furniture market size was 9060 million US$ and is forecast to 14300 million US in 2025, growing at a CAGR of 5.9% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Folding Furniture.
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This report includes the following manufacturers; we can also add the other companies as you want.
Ikea
Leggett & Platt
Dorel Industries
Hussey Seating
Lifetime Products
La-Z-Boy
KI
Haworth
Quanyou
Meco Corporation
Market Segment by Product Type
Chairs
Tables
Sofas
Beds
Market Segment by Application
Residential
Commercial
Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Folding Furniture Market Is Presumed to Grow at a CAGR of 5.9% from 2018 - QYResearch
The Folding Furniture Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.